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Online Overdraft Against Deposits

An internet-banking overdraft against an eligible single-holder or /, with limits from ₹25,000 to ₹5 crore and interest set one percentage point above the pledged deposit rate.

Interest rate1.00% above the interest payable on the underlying fixed deposit.Maximum overdraft amount₹5 croreMaximum finance₹25,000 minimum and ₹5 crore maximum; the overdraft limit is 75% of a TDR/eTDR deposit or 90% of an STDR/eSTDR deposit.
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Quick eligibility check

Online Overdraft Against Deposits

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you applying through the fixed-deposit route described here?

Published source: Income / security condition

2Do you meet this requirement: Joint deposits are not eligible?

3Do you meet this requirement: Deposits not opened through internet banking must first be mapped to internet banking?

4Do you meet this requirement: The overdraft account must be closed through the home branch?

5Do you meet this requirement: internet banking currently has no closure facility?

6Document checkDo you have this required document or proof: Existing eligible single-name NRE/NRO fixed-deposit account with at least six months' residual maturity?

Published source: Income / security condition

7Document checkDo you have this required document or proof: SBI internet-banking access to select the deposit and create the overdraft?

Published source: Income / security condition

8Document checkDo you have this required document or proof: Separate cheque-book request through internet banking if a cheque facility is required?

Published source: Income / security condition
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 11 Aug 2026 · active
Offered byState Bank of India

Created through internet banking between the published IST hours; closure is handled only by the home branch

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

FacilityOnline overdraft against an existing NRE or NRO fixed depositView source
introduces the facility as an overdraft account created through internet banking against an existing or deposit.
Source
Online Overdraft against Deposits
Page / section
Product introduction
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Eligible depositSingle-holder NRE or NRO TDR, STDR, eTDR or eSTDR with at least 6 months' residual period; joint deposits are not eligibleView source
The Eligibility tab requires a single-holder / fixed deposit with a six-month minimum residual period and excludes joint-holder deposits.
Source
Online Overdraft against Deposits
Page / section
Eligibility
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
TDR/eTDR overdraft limit75% of deposit face valueView source
The Features tab sets the /eTDR overdraft limit at 75% of face value and says the customer cannot change the limit.
Source
Online Overdraft against Deposits
Page / section
Features — Permissible Limit
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
STDR/eSTDR overdraft limit90% of deposit face valueView source
The Features tab sets the /eSTDR overdraft limit at 90% of face value and says the customer cannot change the limit.
Source
Online Overdraft against Deposits
Page / section
Features — Permissible Limit
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Minimum overdraft amount₹25,000View source
The Features tab publishes ₹25,000 as the minimum loan amount.
Source
Online Overdraft against Deposits
Page / section
Features — Loan Amount
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Maximum overdraft amount₹5 croreView source
The Features tab publishes ₹5 crore as the maximum loan amount.
Source
Online Overdraft against Deposits
Page / section
Features — Loan Amount
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Interest rate1.00% above the interest payable on the underlying fixed deposit.View source
The page states the spread over the fixed-deposit interest rate.
Source
Over-draft against Deposits —
Page / section
Loan Amount — Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Online opening hours08:00 to 20:00 ISTView source
states that online overdraft opening is available between 08:00 and 20:00 IST.
Source
Online Overdraft against Deposits
Page / section
Features — Cut-off time
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Access to overdraft fundsInternet-banking withdrawal or transfer; cheques available after a separate cheque-book request through internet bankingView source
The Features tab describes online withdrawal or transfer and requires a separate internet-banking request for a cheque book.
Source
Online Overdraft against Deposits
Page / section
Features — Disbursement
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
TenureTDR/eTDR: up to 3 years or the remaining fixed-deposit maturity, whichever is lower. STDR/eSTDR: up to 5 years or remaining maturity, whichever is lower.View source
publishes separate tenure caps for /eTDR and /eSTDR.
Source
Over-draft against Deposits —
Page / section
Tenure
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Pledged-deposit renewal mandateExisting rollover or renewal mandate is treated as cancelled if the overdraft is not closed by the end of the loan tenureView source
says the underlying deposit's renewal mandate is cancelled when the overdraft remains open through the loan tenure.
Source
Online Overdraft against Deposits
Page / section
Features — Rollover / renewal
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Overdraft closureHome branch only; no internet-banking closure facility currently statedView source
The page says closure before or at maturity is completed only through the home branch and that internet-banking closure is not currently provided.
Source
Online Overdraft against Deposits
Page / section
Features — Closure of Overdraft account
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Maximum finance₹25,000 minimum and ₹5 crore maximum; the overdraft limit is 75% of a TDR/eTDR deposit or 90% of an STDR/eSTDR deposit.View source
publishes both the deposit-percentage ceiling and absolute minimum/maximum.
Source
Over-draft against Deposits —
Page / section
Permissible Limit; Loan Amount
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeSecured loan against investments, deposits or receivablesView source
The official product name identifies this as “ Online Overdraft Against Deposits”.
Source
Online Overdraft Against Deposits — official product page
Page / section
Official product name and loan classification
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Rate basisInterest is 1 percentage point above the interest payable on the relative NRE/NRO fixed deposit; the deposit rate is the reference rate for this overdraft.Effective 16 Dec 2025View source
rate table states 1.00% over the rate of interest paid on the relative / time deposit, irrespective of loan amount.
Source
Loans Against Securities and Loan Against Bank Time Deposit — rate page
Page / section
Loan against / Fixed Deposits — Rate of Interest
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Online overdraft against an existing / fixed deposit through internet banking.
  • Overdraft limit is 75% of /eTDR face value or 90% of /eSTDR face value.
  • Minimum facility ₹25,000 and maximum ₹5 crore.
  • Interest is 1.00% above the interest payable on the fixed deposit.
  • Online opening is available from 08:00 to 20:00 IST; withdrawals/transfers can be made through internet banking or cheques.

Eligibility

  • Available to customers with a single-name / fixed deposit (, , eTDR or eSTDR) having at least six months' residual maturity.
  • Joint deposits are not eligible. Deposits not opened through internet banking must first be mapped to internet banking.
  • The overdraft account must be closed through the home branch; internet banking currently has no closure facility.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Existing eligible single-name / fixed-deposit account with at least six months' residual maturity.
  • internet-banking access to select the deposit and create the overdraft.
  • Separate cheque-book request through internet banking if a cheque facility is required.

Related official documents

Loans Against Securities and Loan Against Bank Time Deposit — SBI rate pageofficial-product-page · current · accessed 29 Aug 2026
↗
Loans Against Securities and Consumer Durable Loans — rate tableofficial-rate-page · current-rate-page; scheme table effective 15 August 2025 · accessed 24 Sept 2026
↗
Online Overdraft Against Deposits — SBI NRI official product pageofficial-product-page · current · accessed 29 Aug 2026
↗

Plan before applying

Try the numbers

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Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

/eTDR limit · Published detail75% of fixed-deposit face value

This value is copied from Overdraft — limit, rate and tenure. Check the table notes before relying on it.

Source: Over-draft against Deposits — · Features; Loan Amount; Tenure; Eligibility; Procedure Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsSBI NRI Overdraft — limit, rate and tenureComplete terms from SBI's current page.View tableHide table

Scroll sideways to view every column

SBI NRI Overdraft — limit, rate and tenure
TermPublished detail
/eTDR limit75% of fixed-deposit face value
/eSTDR limit90% of fixed-deposit face value
Facility amount₹25,000 minimum to ₹5 crore maximum
Rate1.00% above interest payable on the fixed deposit
/eTDR tenure3 years or remaining maturity, whichever is lower
/eSTDR tenure5 years or remaining maturity, whichever is lower
EligibilitySingle-name / deposit; at least 6 months' residual maturity; joint deposits excluded
Online opening08:00–20:00 IST
ClosureHome branch only
  • Deposits not opened through internet banking must be mapped to internet banking first.
Over-draft against Deposits — · Features; Loan Amount; Tenure; Eligibility; Procedure · accessed 30 Aug 2026Open official source ↗

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